December 10, 2007

Global power and automation leader Schneider Electric today announced the addition of PowerLogic® Tenant Metering Commercial Edition to its existing range of tenant submetering software. With its utility-proven billing engine and sophisticated reporting features, the new billing software enables commercial property managers to allocate and recover the actual cost of their utilities while adhering to government cost allocation regulations. PowerLogic Tenant Metering Commercial Edition also promotes energy efficiency and helps to increase property value. 

Ideally suited for commercial properties, PowerLogic Tenant Metering Commercial Edition includes fully automated meter reading functionality, an easy-to-use rate configuration tool to support complex rate structures and comprehensive invoicing for multiple utilities' water, air, gas, electricity and steam. The software supports up to 2,000 Modbus metering devices and downloads data stored in the meters, maintaining enhanced data integrity and allowing property managers to identify peak consumption periods as well as energy savings opportunities. 

"PowerLogic Tenant Metering Commercial Edition fosters improved conservation measures and long-term tenant leases because property owners are sharing energy-usage information through fair and transparent billing. Studies continually document utility conservation when tenants are billed for utilities separately from the rent," said Mark Feasel, National Sales Director for Schneider Electric's Power Management Operations. "This software takes the guesswork out of tenant sub-billing and protects property owners' investments because it integrates as easily into an existing infrastructure as it does into new construction."

Using a utility-approved methodology, PowerLogic Tenant Metering Commercial Edition identifies and corrects missing data and provides an invoice review screen for managerial review prior to invoice generation. Property managers can easily customize tenant invoices with their logos and remittance information and can choose to print invoices or save them as Adobe® PDFs. Additionally, PowerLogic Tenant Metering Commercial Edition allows for the personalization of each tenant's account such as contact information, sub-meter device assignment, billing rate assignment and independent billing cycles. 

Click here for Tenant Metering Commercial Edition (TMSCE) Product Information. 
Click here for Billing & Tenant Meter Reading Flash Demo.